Many commentators on Eureka Report and elsewhere seem to be getting ready to help you hedge your portfolio against looming risks. Thats fine, but I think theres a better story to tell right now. And that is a story of profit. As Tim Treadgold wrote to our members recently, right now the dumbest thing you could do is ignore what is happening in the Pilbara. Iron ore may have been the story during the boom years, but that doesnt mean that it is any less important in 2010 and beyond. Tim acknowledges that there have been plenty of distractions, including the ACCC, Stern Hu and the European Union for a start. But, Tim argues, serious investors those in the know will be able to cut through all the noise and see iron ore for what it is: a serious money making opportunity. And he offers a timely warning to anyone thinking about avoiding the mining giants. "Make no mistake: there is still plenty of money to be made in iron ore and you simply must have exposure to quality large-cap producers in your portfolio
SRK Price at posting:
91.0¢ Sentiment: LT Buy Disclosure: Held
